On May 28, the Sui network experienced a major outage on its mainnet, forcing users and developers to suspend transactions. The disruption triggered notable price movements for SUI, with the token dropping to $0.93 against USDT and beginning to test a key support range around $0.90. In response to the unresolved issue, investors started tracking official updates from the Sui Core team for further guidance.
Network outage freezes user transactions
The technical failure on the Sui mainnet led to widespread uncertainty among individual users and the broader blockchain ecosystem. The Sui Core team confirmed in an official statement that the network had halted and new transactions could not be processed. While work was underway to resolve the problem, no timeframe was provided for a return to normal operations. During this period, both users and blockchain-based applications were left waiting for fresh updates to resume their activity.
The Sui Core team reported an unexpected pause on the mainnet, stating that transactions had been suspended for now and that further updates would be shared shortly.
Such outages on a blockchain network can cause delays and even undermine user confidence, especially for decentralized applications and token transfers. For activity to resume, validator nodes on the Sui network need to synchronize and operate smoothly again. The team advised all stakeholders to closely follow new developments for information on transaction reactivations and platform functionality.
Until validators are fully operational, all pending operations on the closed network remain on hold, leading to involuntary delays for some cryptocurrency exchanges and digital wallets.
Mini glossary: The Sui Core team is a centralized engineering group responsible for developing the Sui blockchain, maintaining network security, and resolving technical issues as they arise.
SUI price struggles at major support zone
Following recent declines, SUI dropped to test the $0.90–$0.92 support range. The token, which could not sustain upward momentum above $1.10, again faced selling pressure in the short term. A recovery since early May lost steam around $1.30–$1.65, after which SUI began consolidating around lower price levels.
The inability to reclaim the $1.00 level has kept downward price pressure intact. Investors are closely monitoring for possible closes below $0.90, which analysts say could send the price toward $0.85. The $0.98 and $1.00 zones are regarded as key short-term resistance points by market observers.
| SUI Price Levels | Status |
|---|---|
| $0.90–$0.92 | Support zone |
| $0.98–$1.00 | Short-term resistance |
| $1.05–$1.10 | Possible recovery target |
| $1.30–$1.65 | Mid-term resistance |
Market indicators and outlook
Technical indicators reinforce SUI’s fragile appearance. The relative strength index (RSI) sat at 39 on the daily chart, below its average—a sign of weak momentum, yet not in oversold territory. A meaningful recovery would require RSI to strengthen substantially.
The MACD indicator also underlines seller control. The MACD line remained below the signal line, with negative histogram bars highlighting continued selling dominance. Many investors view a sustained move above $1.00 as a critical signal of robust recovery momentum.
Analysts point out that such network disruptions can affect liquidity conditions. It is recommended that users consider both official network announcements and exchange prices before conducting any transactions.
The next official update from the Sui Core team is seen as pivotal, not only for restoring normal activity but also for shaping future price dynamics. For now, the community is closely watching both network stability and SUI’s ability to hold support levels in the face of ongoing technical challenges.
